secwatch.observer — SEC 8-K summary
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Issuer:     Installed Building Products, Inc. (IBP)
CIK:        0001580905
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001580905-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBP reports record Q4: revenue $686.5M, net income $68.7M; dividend $0.33 (+5%) and $0.90 variable; new $200M buyback
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- Q4 net revenue $686.5M (+28.6% YoY); net income $68.7M (+134%); adjusted EPS $2.43 (+71.1%).
- Full year 2022 revenue record $2.7B (+35.6%); adjusted EBITDA $439.3M (+53.9%).
- Board declared Q1 regular dividend $0.33/share (5% increase) and annual variable dividend $0.90/share, payable March 31, 2023.
- New $200M stock repurchase program authorized through March 1, 2024; $137.6M spent on buybacks in 2022.
- Completed eight acquisitions in 2022 (~$109M annual revenue); expects at least $100M in 2023; acquired Four State Insulation in Feb 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000008/0001580905-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000008/ibp-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001580905-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer